Two-Unit Duplex with Detached
New
For Sale
$320,000
626 S 36th Street, Omaha, NE 68105
RESIDENTIAL, 2 Story, Omaha, NE
Property Size1,815 SF
Lot Size0.09 Acres
Price / SF$176.31
Days on Market1
Property Features for 626 S 36th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
1
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Dining Room, Basement, Bedroom 2
Parking features
Garage - Detached
Patio and Porch features
Deck, Porch
Interior features
2nd Kitchen, 9'+ Ceiling, Ceiling Fan, Formal Dining Room, Garage Door Opener
Exterior features
Deck/Balcony, Porch
Fireplace
1
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Subdivision
WEST OMAHA
Lot features
In City, Sloping
Elementary school
Jackson
Middle school
Norris
High school
Central
Elementary school district
Omaha
Middle school district
Omaha
High school district
Omaha
Directions
Leavenworth to 36th, north on 36th to home.
Standard status
Active
APN
2520510004
Size
1,815 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST OMAHA LOT 4 BLOCK 10 N 35 S 83 E 115 FT LT 4 35 X 115
Tax Annual Amount
2724
Legal Description
WEST OMAHA LOT 4 BLOCK 10 N 35 S 83 E 115 FT LT 4 35 X 115
Utilities
Heating system
Baseboard, Forced Air
Cooling system
Central Air
Amenities
washer/dryer
Building Details
Year built
1920
Floors in Building
2
Flooring type
Carpet, Wood, Vinyl
Roof type
Composition
Architectural style
Other
Listing Agency:
PJ Morgan Real Estate
(402) 397-7775
Listed By:
Julie Kelly
(949) 485-9287
Added: Oct 22
Last Checked: Oct 22 at 9:06PM
MLS# 22630346
Copyright © 2026 Great Plains Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,815-square-foot duplex contains two residences, with a total of three bedrooms and three bathrooms. The first unit spans the main floor and basement, with a living room, dining room, kitchen, bedroom, three-quarter bath, full bath, storage room, recreation room and two bonus rooms. The upper residence has two bedrooms, a three-quarter bath, a kitchen and its own washer and dryer. Additional features include central air, a fireplace, a porch and a deck.
A detached 10-foot, two-car garage offers EV capability, garage door openers and keypad entry. Two additional parking spaces sit in front of the garage, with street parking also available. The property occupies a 0.09-acre lot on South 36th Street, two blocks south of the Cottonwood Hotel, within walking distance of bars, restaurants and shops. The second-floor unit is tenant-occupied through November 8, 2026.
A detached 10-foot, two-car garage offers EV capability, garage door openers and keypad entry. Two additional parking spaces sit in front of the garage, with street parking also available. The property occupies a 0.09-acre lot on South 36th Street, two blocks south of the Cottonwood Hotel, within walking distance of bars, restaurants and shops. The second-floor unit is tenant-occupied through November 8, 2026.
Key Highlights
- Two residences with three bedrooms and three bathrooms total
- 1,815 square feet on a 0.09‑acre lot
- Detached 10‑foot, two‑car garage with EV capability, openers and keypad entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,860
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,200
$317.2K
Cap Rate 7%
$226,571
$226.6K
Cap Rate 9%
$176,222
$176.2K
Market Conditions
NOI Build-Up for 1,815 SF
Gross rent
$24.4K $13.44/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$22.7K $12.48/SF
− OpEx
−$6.8K −$3.74/SF
NOI
$15.9K $8.74/SF
Area
Omaha, NE
Vacancy
7.12%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,200
Cap Rate 7%
$226,571
Cap Rate 9%
$176,222
Alternative Uses
Best Use
Multifamily LT 5
$226.6K
$198.3K – $264.3K
NOI $15,860 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$208.9K
$182.8K – $243.8K
NOI $14,626 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$477.5K
$417.8K – $557.1K
NOI $33,426 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 68105, NE
22,669
Population
10,633
Households
2.1
Avg Household Size
32
Median Age
35%
College-Educated
84%
High-School Grad
3.6 sq mi
ZIP Area
6,297
Density / Sq Mi
$53,253
Median Household Income
$36,969
Median Earnings
$1,010
Median Rent
$187,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Separate kitchens and laundry in both residences support distinct household layouts.
Where is this duplex located?
The property is located at 626 S 36th Street Omaha, NE.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Two residences with three bedrooms and three bathrooms total; 1,815 square feet on a 0.09‑acre lot; Detached 10‑foot, two‑car garage with EV capability, openers and keypad entry
